Frankston 3199 suburb stats: rent, prices, schools and planning

Median rent in Frankston is $570 a week for a three-bedroom house, $475 a week for a two-bedroom unit, $550 a week across all dwelling types (Homes Victoria, Department of Families, Fairness and Housing, Year ending Sep 2025, moving-annual medians of new lettings, from 715 new three-bedroom-house lettings). Note that Homes Victoria reports Frankston as its own rental area.

Against year ending sep 2024, the three-bedroom-house median moved +3.6% and the two-bedroom-unit median +5.6% on the same source and basis.

The median house price in Frankston 3199 is $810,000 (Valuer-General Victoria, quarterly median of sales, Q2 2025, against $750,000 in Q2 2024; the Valuer-General's own year-on-year figure is +8.0%).

The median unit price is $557,500 (same source, Q2 2025, against $537,500 in Q2 2024).

Frankston has an estimated resident population of 25,043 (Australian Bureau of Statistics, ABS Regional Population, 2024-25 financial year (Cat. 3218.0), at 30 June 2025, for the ABS statistical area (SA2) "Frankston", from 24,264 in 2020 and 23,135 in 2015).

Over the same SA2 footprint, ABS building approvals (Building Approvals, Australia (Cat. 8731.0) — total residential new dwellings by SA2, 2023-2025) record 303 new residential dwellings approved across the three years — 88 in 2023, 58 in 2024, 157 in 2025; the latest year may be incomplete at the time of release.

Crime Statistics Agency Victoria recorded 9,829 offences across postcode 3199 (Year ending December 2025: 1,333 against the person, 4,781 against property, 685 drug, 552 public order and 2,462 justice-procedure offences). The Frankston local government area's rate was 11,894 recorded offences per 100,000 residents, above the Victoria average of 8,856 (same source and period). A postcode can cover several suburbs, and an LGA rate hides variation inside the municipality.

Frankston has 13 schools located within the suburb (8 primary, 3 secondary, 2 special; 12 government, 1 Catholic; 7,045 students enrolled in total), per ACARA (MySchool) and the Victorian Department of Education (2025 NAPLAN + 2025 VCE). A school being located in the suburb does not mean every address is inside its catchment — check zone boundaries on the interactive map.

Ranked by 2025 NAPLAN Year 5 reading + numeracy mean, primary schools in Frankston include Frankston Heights Primary School (ranked 332 of 1,285), Overport Primary School (ranked 356 of 1,285), Kingsley Park Primary School (ranked 615 of 1,285) (VIC primary ranking, ACARA (MySchool) and the Victorian Department of Education).

For secondary schools, Frankston High School (VCE median-score rank 164 of 607), John Paul College (VCE median-score rank 197 of 607), McClelland Secondary College (VCE median-score rank 249 of 607), on 2025 VCE results (VCAA data via topscores.co).

Schools located in the suburb: Ballam Park Primary School · Frankston East Primary School · Frankston Heights Primary School · Frankston High School · Frankston Primary School · Frankston Special Developmental School · John Paul College · Karingal Heights Primary School · Karingal Primary School · Kingsley Park Primary School · McClelland Secondary College · Naranga School · Overport Primary School

On the Vicmap Property cadastre (DEECA open data, as at 2026-09-02), Frankston has 28,832 parcels, of which 22,269 (77%) are 300 m² or larger. 300 m² is the minimum lot size under Victoria's Amendment VC253 "small second dwelling" provision (a second dwelling of up to 60 m² without a planning permit). The share is a cadastre-level screen that includes non-residential lots — it says nothing about any individual lot's feasibility, and ignores overlays, easements and building-code requirements.

Planning overlays — heritage, flood and inundation, bushfire management, vegetation protection, design and development, public acquisition and the rest — apply lot by lot, not suburb-wide, so they are not summarised here. Every parcel in Frankston is drawn with its overlays on the interactive Suburb Stats map What each overlay code means is explained in our Victorian planning overlay glossary , and whether a 30 m² or 60 m² second dwelling physically fits on a given lot can be tested in the Granny Flat Site Planner.

PremiumRea clients purchased 17 properties in Frankston between February 2023 and September 2025, out of the 345 transactions in our published dataset (DOI 10.5281/zenodo.20095886, CC-BY 4.0). This page states only the count and the date range; per-transaction prices, rents and renovation records are in the dataset itself.

A longer PremiumRea research profile covering Frankston is published at the suburb profile.

Every figure on this page comes from a published government or statutory-authority dataset and is quoted with the publisher and the reporting period in the same sentence, so you can go to the source and check it. Rents are bond-record medians (Homes Victoria in Victoria, the Residential Tenancies Authority in Queensland), not advertised rents. Prices are the Valuer-General's quarterly medians of actual sales. Population is the ABS estimated resident population at 30 June. Crime is the number of offences recorded by the state crime statistics agency. School facts are from ACARA's MySchool and the state education department. None of these figures is adjusted, modelled or forecast by PremiumRea.

The one first-party figure is the count of properties PremiumRea clients purchased in the suburb and the months of the first and last offer, taken from our published dataset of 345 transactions (DOI 10.5281/zenodo.20095886). We deliberately do not state a yield, a growth rate or a return for the suburb: those depend on the specific property, the price paid, the works done and the holding period, and a suburb-level figure would say nothing reliable about any purchase you might make. The page is regenerated from the source files at every deploy, and the "Updated" date changes only when a figure actually changed.

General information only, for research. This page is not personal financial, credit, tax or legal advice and is not a recommendation to buy, sell or hold any property. Third-party data may be out of date, aggregated, estimated or revised by its publisher, and a postcode, statistical area or rental area can differ from the suburb boundary. Confirm every figure with its original source and obtain independent professional advice before acting. Property prices and rents can fall as well as rise.